Bloomberg Steinhoff International Holdings NV said it has secured enough money to keep its businesses running in the immediate term and can now start talks with a broader group of creditors. The troubled South African retail group has arranged new credit lines for units in the UK, US and France as well as agreeing a restructuring of its Austrian division, …

Bloomberg JD.com Inc. is preparing to make its US debut with a beachhead in Los Angeles, seeking to best arch-rival Alibaba and challenge Amazon.com Inc. on its home turf. The $68 billion company, which said in December 2017 it’ll start online sales in the US by the second half of 2018, is now seeking funds to bankroll a logistics build-up …

DAVOS / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Middle East and North Africa Regional Business Council (MENA-RBC) has taken part in a panel discussion titled ‘Going Digital in the Arab World’, highlighting innovative approaches and landmark initiatives being implemented by the UAE and other Arab countries to harness the benefits of the Fourth Industrial Revolution. The …